516 W SOUTH ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $237,835 and $291,736, with a best estimate of $246,790. That places the property below the L210401G - Westview Meadows median of $314,201, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$246,790
$300,628
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $237,835 and $291,736. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$80,278 for 399 sqft less living space. Net adjustment: -$80,278.
Adjusted -$82,492 for 410 sqft less living space and -$1,084 for being older. Net adjustment: -$83,576.
Adjusted -$50,099 for 249 sqft less living space. Net adjustment: -$50,099.
Adjusted -$58,549 for 291 sqft less living space and +$1,084 for being newer. Net adjustment: -$57,465.
Adjusted -$9,255 for 46 sqft less living space and -$7,585 for being older. Net adjustment: -$16,840.
The Neighborhood
This home is valued 4.3% below the L210401G - Westview Meadows median of $314,201. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.2% over the past year.
L210401G - Westview Meadows
typicalThis home is -4.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,128 across all districts. With a homestead exemption claimed, that drops to $4,530 — saving $1,598 per year. That's $378 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,268 |
| Leander | City | 0.4173% | $1,254 |
| Williamson County | County | 0.3694% | $1,111 |
| Austin Community College | special | 0.1034% | $311 |
| Williamson County FM/Rd | County | 0.0443% | $133 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,128 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $246,790 would pay approximately $1,540 per month (principal and interest only, excluding taxes and insurance).